Construction
Construction loans for ground-up residential and commercial projects.
Built primarily for residential spec-build, subdivisions, and multifamily development, with select commercial projects considered case by case.
Construction terms at a glance
Best For
Use construction when the value comes from the build.
This program is for projects where the build itself drives the outcome.
- Residential spec-build operators and subdivision developers
- Multifamily development borrowers seeking construction execution support
- Selective mixed-use, office, retail, hospitality, and industrial projects also considered
Key Details
What matters before you apply.
These are the points most borrowers want clear before they submit.
Project focus
Residential spec-build, subdivision, and multifamily development remain the primary focus of the public construction offer.
Borrower and guaranty
Business entities and trusts are supported, with non-recourse available on qualifying construction files.
Exit flexibility
No prepayment penalties are disclosed, which matters for builders moving into sale or takeout once the project is complete.
Before You Apply
A few support notes still matter below the term sheet.
The headline terms handle the quick read. These notes keep the next step clear.
- Use this page when the value creation comes from new build and draw-driven execution rather than renovation or lease-up.
- Primary and secondary markets nationwide remain part of the public construction footprint.
- Move to Bridge instead if the project is not true ground-up construction and the better story is transitional collateral.
Ready to apply for a construction loan?
When the borrower, project scope, budget, and requested structure are clear, start intake.